* Volkswagen AG plans to invest $7 billion in North America over the next five years, in a bid to accelerate its growth in the region and catch up to key competitors like General Motors Co, Ford Motor Co and Toyota Motor Corp.

* Accenture Plc's unit, Accenture Federal Services, won a one-year contract to continue technical improvements to the HealthCare.gov site after the government chose not to renew its contract with CGI Group Inc.

* General Motors Co Chief Financial Officer Dan Ammann said the auto maker is "the closest it has ever been" to reinstating a dividend. GM last paid a dividend on its common stock in May 2008.

* Units of DuPont Co, Syngenta AG and Dow Chemical Co sued on Friday to overturn a new law in Hawaii that would restrict the planting and spraying of genetically modified crops.

* The Fifth U.S. Circuit Court of Appeals upheld the existing framework for reviewing claims and disbursing funds, narrowing BP's options for avoiding what it says are millions of dollars in payments to individuals and business not harmed by the 2010 oil spill in the Gulf of Mexico.

* Toyota Motor Corp expects to boost U.S. sales by 100,000 vehicles this year to 2.3 million vehicles, about 4 to 5 percent ahead of last year, the head of the Japanese auto maker's North American operations said.

* The Denver Art Museum was set to announce on Monday the largest donation in its history - a gift of 22 paintings worth more than $100 million that will nearly triple the size of its Impressionist collection.

FT

Following ferocious industry lobbying, global banking regulators agreed on Sunday to ease new rules aimed at reining in banks' reliance on debt, providing relief to big investment banks who have been anxious about raising billions in extra capital.

U.S. agribusiness giant Cargill Inc acquired a $200 million stake in Ukraine's largest agribusiness holding, UkrLandFarming, in a deal that would, according to sources, see both groups join forces to export grains to China and other growing markets in the future.

Google Inc is in the top ranks of technology companies building stockpiles of legally-protected innovations with nearly 2,000 patents awarded in the United States last year, almost double the number of all previous years combined.

Global automobile makers are trying to stay ahead of a swiftly shifting market and fierce competition from the technology industry with more investment in research and development than ever before.

According to a Financial Times poll of 15 steel analysts, world production of steel will rise by 3.6 percent in 2014 with a rebound in Europe and the rest of the world offsetting a slowdown in Chinese growth.

NYT

* The Basel Committee for Banking Supervision agreed on Sunday to ease a new rule, meant to rein in risky balance sheets, starting 2018, in an effort to avoid tightening financing for the world's economy. The regulators signaled there is still no agreement on the final level of the new leverage ratio, which measures how much capital a bank must hold against its loans and other assets.

* Comcast Corp unit NBCUniversal News Group announced a partnership with Now This News, a startup that creates short-form news segments tailored for distribution over social media sites like Vine, Instagram and Snapchat. It was not revealed how much money NBC invested, but the transaction would give it a roughly 10 percent stake, as well as an entry into a new news format.

* Gerchen Keller Capital, an upstart investment firm that bets on lawsuits, was expected to announce on Monday that it has amassed about $260 million for its second fund. Litigation finance, as the business is known, often involves bankrolling plaintiffs in exchange for a slice of the lawsuit's potential winnings.

* An increasing number of pawn businesses catering to the wealthy offer fast liquidity in exchange for high-end luxury items. With almost 250 years of experience in the exclusive world of high-end pawn, Suttons & Robertsons has come to the United States to fill what it believes is a growing need among wealthy Americans who have spent beyond their means and need a quick - and quiet - infusion of cash in exchange for a few cherished baubles they are willing, at least temporarily, to live without.

* The annual North American International Auto Show has taken on added importance for Detroit, which filed for bankruptcy six months ago, as the city desperately needs a successful show to improve its battered image.

* Indonesia, one of the world's biggest producers of minerals including gold, nickel, copper, tin and thermal coal, implemented a new law on Sunday banning the export of unprocessed ore.

* A fire at a Citibank branch in Morningside Heights in Manhattan burned for more than 30 hours on Saturday and Sunday, drawing over 200 firefighters before it was extinguished. The fate of customers' valuables stored in safe deposit boxes at the branch was not known.

Canada

THE GLOBE AND MAIL

* Thousands of Nova Scotia Power Inc customers were in the dark Sunday after high winds and heavy rain battered the region. More than 20,000 customers were without power Sunday morning - mostly in the Halifax area - although that number had dropped to around 1,100 by early afternoon, the utility said. Spokeswoman Neera Ritcey said crews were replacing a utility pole that caught fire.

* Singer-songwriter Neil Young spoke out strongly against the federal government's role in the industrial development of Northern Alberta oil sands.

Reports in the business section:

* Industry Minister James Moore said on Friday that the auction of the 2500 megahertz frequency would take place on April 14, 2015, stressing the licenses would come with strict rules to support competition and potentially lower prices for consumers, especially those in rural areas.

NATIONAL POST

* Photos of Toronto Mayor Rob Ford posing with other bargoers at Muzik nightclub drew dozens of comments on Instagram and Twitter. Ford publicly vowed to stop drinking alcohol late last year as the crack video scandal engulfing his office hit a fever pitch - and none of the photos of the mayor posted online suggested he had broken the vow.

FINANCIAL POST

* Target Corp revealed growing pains at its Canadian operations will drag down fourth-quarter results by more than it initially anticipated.

China

CHINA SECURITIES JOURNAL

- China will reduce land availability for construction in the Eastern region and cities with a population of over 5 million will not be allowed more building projects, said the Ministry of Land and Resources in an annual meeting last Friday.

CHINA DAILY

- Countries involved in the South China Sea conflict should demonstrate wisdom in resolving issues and be on guard against U.S. interference, said a commentary in the paper. Washington's recent accusations that China's fishing regulations in the area were provocative are unreasonable, it added.

PEOPLE'S DAILY

- Everyone is a beneficiary of China's reforms, said a commentary in the paper that acts as the Party's mouthpiece.

Britain

The Telegraph

THE NORTH SEES FASTEST GROWTH IN ANY REGION

Companies in the North of England are now growing at the fastest pace seen in any UK region one of the country's leading business figures has said in a sign that the economic recovery is broadening.

UK TO GUARANTEE INDEPENDENT SCOTLAND'S DEBT

The Treasury will on Monday pledge to guarantee all of Britain's debt even if Scotland votes to leave the UK, in an attempt to prevent creditors from pushing up the cost of government borrowing.

The Guardian

U.S. BANK RESULTS SET TO REIGNITE CONTROVERSY OVER CITY BONUSES

Controversy over City pay is likely to be re-ignited this week when the major U.S. banks - including JPMorgan Chase & Co and Goldman Sachs - release their results for 2013.

MORRISONS MAY SELL 10 PCT OF PROPERTIES TO APPEASE SHAREHOLDERS

British grocer WM Morrison is reported to be considering selling off up to 10 percent of its properties to appease shareholders after bad tidings over Christmas trading. While the supermarket chain has traditionally made store ownership a key plank of its business, owning about 90 percent of its stores, shareholder pressure has pushed the company to consider selling off and leasing back some of its 9 billion pound property portfolio.

The Times

AMAZON, GOOGLE, FACEBOOK AND APPLE 'MUST NOT BE SO AGGRESSIVE OVER UK TAX'

One of Britain's biggest shareholders in Amazon, Google Inc, Facebook and Apple Inc has warned them not to be so aggressive in avoiding UK corporation tax in the wake of parliamentary and public anger last year. James Anderson, manager of the £2.6 billion Scottish Mortgage Investment Trust, said the American companies were taking risks by so aggressively seeking to minimise their tax bills.

'CATCH-UP' PAY DEMANDS SPELL TROUBLE, WARNS BOSS OF ACAS

Business must brace itself for a wave of "catch-up" pay demands in the private sector after five years of pay freezes or below-inflation raises. The warning has come from the outgoing head of Acas, the industrial dispute mediation agency, who has also cautioned that private sector pay claims could fuel unrest over wages in the public sector.

The Independent

JAGUAR LAND ROVER NOTCHES UP RECORD-BREAKING GLOBAL SALES

Britain's largest car manufacturer Jaguar Land Rover has reported record breaking global sales for 2013, the company has said. Together the iconic British brands sold 425,006 vehicles in 2013 - up 19 percent on 2012 - setting new sales records in 38 international markets.

Autodesk (ADSK) upgraded to Overweight from Equal Weight at Morgan StanleyBanco Bilbao (BBVA) upgraded to Overweight from Equal Weight at BarclaysCarnival (CCL) upgraded to Neutral from Reduce at SunTrustDiana Shipping (DSX) upgraded to Buy from Hold at Deutsche BankEstee Lauder (EL) upgraded to Buy from Hold at Deutsche BankF5 Networks (FFIV) upgraded to Outperform from Market Perform at William BlairFortinet (FTNT) upgraded to Overweight from Equal Weight at Morgan StanleyGarmin (GRMN) upgraded to Outperform from Perform at OppenheimerHomeAway (AWAY) upgraded to Overweight from Equal Weight at BarclaysJacobs Engineering (JEC) upgraded to Buy from Neutral at UBSLPL Financial (LPLA) upgraded to Overweight from Neutral at JPMorganLife Time Fitness (LTM) upgraded to Buy from Hold at KeyBancMGM Resorts (MGM) upgraded to Buy from Neutral at BofA/MerrillMacy's (M) upgraded to Outperform from Neutral at MacquarieMarriott (MAR) upgraded to Overweight from Neutral at JPMorganMultimedia Games (MGAM) upgraded to Buy from Neutral at Janney CapitalNimble Storage (NMBL) upgraded to Outperform from Sector Perform at Pacific CrestPinnacle West (PNW) upgraded to Neutral from Sell at GoldmanQihoo 360 (QIHU) upgraded to Buy from Hold at StifelRed Hat (RHT) upgraded to Overweight from Equal Weight at Morgan StanleyStrategic Hotels (BEE) upgraded to Buy from Underperform at BofA/MerrillTowers Watson (TW) upgraded to Outperform from Neutral at Credit SuisseVentas (VTR) upgraded to Top Pick from Outperform at RBC CapitalVisa (V) upgraded to Buy from Neutral at Citigroup

Downgrades

BlackBerry (BBRY) downgraded to Underperform from Perform at OppenheimerCorcept Therapeutics (CORT) downgraded to Hold from Buy at StifelCree (CREE) downgraded to Hold from Buy at StifelCrown Holdings (CCK) downgraded to Neutral from Outperform at MacquarieEl Paso Electric (EE) downgraded to Sell from Neutral at GoldmanInterContinental Hotels (IHG) downgraded to Underperform from Hold at JefferiesMarriott (MAR) downgraded to Underperform from Hold at JefferiesMarsh & McLennan (MMC) downgraded to Neutral from Outperform at Credit SuissePeregrine (PSMI) downgraded to Hold from Buy at Deutsche BankPlexus (PLXS) downgraded to Underperform from Market Perform at Raymond JamesPly Gem (PGEM) downgraded to Neutral from Overweight at JPMorganPrincipal Financial (PFG) downgraded to Neutral from Outperform at MacquarieSanmina (SANM) downgraded to Underperform from Market Perform at Raymond JamesShutterfly (SFLY) downgraded to Equal Weight from Overweight at BarclaysSymantec (SYMC) downgraded to Underweight from Equal Weight at Morgan StanleyTiVo (TIVO) downgraded to Neutral from Buy at Goldman

Initiations

Booz Allen (BAH) initiated with a Neutral at CitigroupChemoCentryx (CCXI) initiated with a Neutral at GoldmanCliffs Natural (CLF) initiated with a Hold at Brean CapitalContinental Resources (CLR) initiated with an Outperform at BMO CapitalEMC (EMC) initiated with an Overweight at Atlantic EquitiesF.N.B. Corp. (FNB) initiated with a Buy at JefferiesHP (HPQ) initiated with an Overweight at Atlantic EquitiesHilton Worldwide (HLT) initiated with an Equal Weight at EvercoreIBM (IBM) initiated with a Neutral at Atlantic EquitiesNCR (NCR) resumed with an Overweight, added to Focus List at JPMorganNational Penn (NPBC) initiated with a Hold at JefferiesNetApp (NTAP) initiated with a Neutral at Atlantic EquitiesQlik Technologies (QLIK) initiated with a Neutral at Atlantic EquitiesServiceNow (NOW) initiated with an Outperform at RBC CapitalShutterfly (SFLY) initiated with an Outperform at RBC CapitalSilicom (SILC) initiated with a Buy at NeedhamSplunk (SPLK) initiated with an Overweight at Atlantic EquitiesStericycle (SRCL) initiated with an Outperform at Credit SuisseTableau Software (DATA) initiated with a Neutral at Atlantic EquitiesTeradata (TDC) initiated with an Overweight at Atlantic Equities